Bitcoin Forum

I have 40 ETH, How to make profit from 40 ETH? what will be better,doing trade or hold then for a long time?
The price of ETH decreased a lot, few days ago it was $235 but now only $195. Why ETH value decreasing now a days? Need good suggestion friends, please suggest me best option that you think.

HODL,
it is also discussed under other thread: you loose if you sell it lower.
HODL is the only answer.
If you exit now, it is also another choice. You have to be sure.

I need more information, like why i will hold, how many days i will hold, when the price can pump etc. Do you provide me any prediction or explanation about it? Today the price of ETH allready pumped, now the price is $210.64 https://coinmarketcap.com/currencies/ethereum/ thank you for your Opinion.Now waiting fora big pump of ETH.

In my opinion,it better to convert them into token,put them into profitable tokens,like mgo ,pay ,etc.you can also hold them who knows price might jump again as it jumped in  starting of 2017.

the drop is because ETH has been pumped. and what comes after a pump? that is right a dump!

if you want to make money from ETH or any other altcoin for that matter, you have to learn to trade them. to notice the signs of rise and fall and try to find the best "low" to buy and best "high" to sell them.
the mentality of "hold and profit" won't work in 99% of the times with all the altcoins.

ETH has been performing poorly ever since it reached its ATH months ago, and if you want my advice i say stay away from it if you like your money for now and then get in when it reaches the bottom.

You can either hold it or sell some of it and buy other altcoins which are very undervalued and when they provide enough profit for you sell them and jump another one.

Hold them for long time you will get good profit, Eth is number 1 currency after bitcoin so wait for price to increase.

which one coin is best now for buy and hold?

Thank you,your opinion is so helpful.


do you suggest me any good alt coin for buy now and hold them for a long time?



yes.i am also thinking so.will hold half of my ETH and half of them use to buy ALT coin.but i am so confused which one coin will i select for buy now? do you suggest me any good coin for buy now?
Already holding some PPT coin

Use your ETH to trade and pump other coins

HODL is the best answer,, about one month ago eth has reach the new All time high
but its not impossible for eth to break that point,, and create new all time high again

HODL

ETH is going to blow everyone's expectations out of the water. People will be unable to believe what they are seeing when ETH doubles in price. Far too many catalysts including MANY ICO's, a difficulty bomb that took place today, all the FUD dissipating surrounding Aug 1, Flippening inching closer and closer every month, Mayweather endorsement right before what will be one of the most watched fights in the past 5 years, and the list goes on and on.

You've got to be a complete fool to think that ETH will ever go sub $200 from today onward. BUY ETH, don't miss the train.

I think the most interesting thing about this thread is the fact that the OP was able to ever even acquire 40 Eth. With some of the silly questions being asked it's frankly shocking that he has 40 Eth at all.

Like many have said -- the answer to your question is simple: HODL.

It was sub $200 literally yesterday

Invest wisely in https://www.vdice.io . don't bother about the price drop. Etherium is the future as it has computational power along with monetary value.

You can discuss more on this with me as I m also a developer in etherium.

https://medium.com/@gerstaro/my-experience-as-a-etherium-developer-f7b2ab40f5e1

Nobody can give you that information. I see a lot of people suggesting you hold. Is it viable? In the short term, everybody wins in an up market. I wonder what things will look like in a couple of years. Nobody knows, eth could be selling for peanuts then, all of this could turn out  like the dotcom boom between 97 and 2002.  ;D

Yes, I am aware, and it was the culmination of all of the FUD and uncertainty. That is over now.

Although not relevant to the topic in this thread, but I see some people have mistake the word "Hold" and "Hodl" ;D, it make me can't stop laughing when read this thread.

Ok, in my opinion, if you not have more skill about trading, holding your Ethereum to a target you set before investing it. Then find other job you can working and forget this amount ;D

Hodling - The act of holding a store of value like stocks or virtual currency, most often bitcoin.

This isn't a "mistake" -- It is done on purpose. I don't hold, I hodl ;)

If you believe in ETH, then hold (for years). The price will continue to increase. A drop from $400 to $200 isn't much really, when you think it's not so long ago that ETH was $10. No coin rises continuously without ever falling back. Plus the reason for the recent drop was much more because of bitcoin than anything else, and it affected the whole market.

Good advice for almost any of the more serious alts. They're all in good, reasonable entry prices now - even ETH. It's very likely to reach its ATH again so if you get in now, you stand to make double if you are patient. If you want to gamble, use cheap eth to buy even cheaper ICO tokens. There are so many of them around. But not recommended as investment!

The only way is if you hold your ethereum coins or if you trade your coins. Both possibilities. It´s not easy to trade, you need to know about it. If you don´t know, I recommend you to HOLD your coins.

Ignorance is truly bliss aint it? I had the same question, but just spending a little time thinking what it may be gets you to ->

Hold on for dear life  8)

HODL > HOLD

Hows that for a laugh : ;D

The best suggestions is  that hold them for a while, ETH price will surely increases and that will earn you a reasonable profit. Pumping and dumping is very common in cryptoworld so don't you worry about the low price.

Trade is not easy for newbie it's my personal opinion.First you can research all crypto coin market then you can gain some knowledge about crypto coin market & finally you can start trading.So,I think you can hold ETH for future.

My advise would be,if you find a really good project ,then you should invest your coins in it, i am pretty sure you will multiply your coins ten fold if the project is really good and that is my opinion as i have made some good money with the investments in the past and i think stox is a good one with a lot of buzz.

If you want to trade, then holding half and trading half isn't a bad idea. There are different types of trade though. You can trade every day regardless of the state of the market, or you can hold most of the time and just trade when a prolonged pattern has established - like the recent whole market dip, when trading ETH to USDT and back again could have doubled your quantity of ETH. I get that trading is addictive, and I've fallen prey to that myself, but in general it's always best to have a well thought out strategy with a solid basis.

If you really want to profit from the 40 Ethereum you have that's stagnant maybe you should divide your coin, I don't know if it'll work for you but mine did. I divided my Ethereum into two and half would go to trading; long term trading that is and the other half I invested it in some other coins.

Dont forget ETH is a currency. Your question is something like this: I have 10000 USD. How to make profit from it.
You can invest on anything. Or share these money on different currencies.
ETH is going to raise more after gpu mining ended i think. So for short or mid time i dont think keeping all your money as ETH is a good idea.

eth is definitely NOT a currency.
and it was never meant to be a currency or used as one. it is a token that works on a platform which is designed for smart contracts and these smart contracts are supposed to use that token. even the developers have said it is not a currency!

when ETH switches to POS it probably will have a lot of troubles. because it will kill a good earning potential for many individuals who are currently mining with their PC at home. and that can harm its price greatly in my opinion.

Either look for really potential coins that you believe

Or hold It

Compare to months ago

ETH Has crashed almost 50% of its value from peak of $400

But i strongly believe it will hit back to $300 soon

Hey Red-Apple, Thank you for the answer but i still do not agree with you.
Basically cryptocurrency is not that different from tokens. Once tokens are issued by some enthusiastic developers group and someone bought it (or received for some job) and can trade them, it becomes cryptocurrency.
Or we can say like this,
Cryptocurrencies are tokens, that use special software that controls, their supply, rate of inflation and use a blockchain to make the network trusted. It’s the only and very significant difference.
So i think i can consider ETH as a cryptocurrency.

Its so simple bro just buy low sell hgh you can read some news or etc make some research use your 40 eth to trade another coin ao could miximize the profit the you will get son put all your money in one basket.

If you do purchase on a higher price compared on its current price then never ever sell your ETH and would really be much better if you do hold up for long term and for sure price will eventually go back up soon. Seems like you do purchase on the price while its being hyped up but well mistakes do really happen on trading. Just follow on what most people is saying here HODL would really be the best move you can make as of now.

I buy 19 ethereum when the coin was 29 and I sell it when I saw is 210 after that I put all my money intro nxt, now I'm staying away from ethereum, now I'm hard on NXT

If you think that ETH will increase more it's price in the future then that $235 to $195 is not a reason to give up your desires. Price decrease is normal in any cryptocurrencies and always remember that whenever price pumps it will be followed by a dump so this is normal as there is a thing called correction price.

The best option will still come from you. Make an analyzation of what you will do by compiling all the suggestions and speculations.

I'm personally holding Eth long term. I think it will be worth a lot more.

just hold it untill the end of this year or you can buy legit ico with a strong team behind and clear road map, also the dev is on time in delivery project

So the best step for now is to monitor the market price,Because the value of ETH is so great
thank you Sir, ;)

the price of ethereum has risen again and you should have made some money. if I were you, I would stay in ethereum. because it can go back to $ 400.

That’s true. It is always good to make deep analysis of the coins and markets in order to invest in the right coin. But I don’t think is eth is a best investment in any way. Dumping and pumping are the characteristics of the crypto market. Market can’t survive without these.

HODL is the best.
It is back more than 235 usd, so you can relesae it back.
We will need to take deep breathe within next coming days :)

I am very happy now a days , take a look on ETH price https://coinmarketcap.com/currencies/ethereum/ ($271.5) its almost $300. I am very wonder i think ETH price will hit again $440 or more. Many many thanks to those people who advised me for Holding my ETH. Now i am in a good profit form my holding ETH.

ETH price will start increasing whenever GPU mining ends. Till that time i do not expect a high jump for price. There are enough miners that have to sell ethereum everyday. That makes the price stay low...

I suggest you hold your ETH. Because ETH is a long-term investment.
Seeing from the ETH price trip of 2015 is great. Prices go up several fold for each year.
Maybe ETH will be very valuable for the next few years.

what are you asking is totaly nonsense bro..if you have 40 eth, just put it on your trezor or keepkey, or you can buy waves, Neo, tezos ( not launch yet ), and keep it for 3 years, i suggest you selling your eth or waves ( if you convert ur eth to waves ) in 2021

Ha ha ha,, This is totally nonsense question. If I have 40 Ehtereum. I will hold some and buy some Waves, ETBS and some coin by some Eth. And I will make a huge profit on it.

when exactly GPU  mining gonna end?

with 40 eth, I think it would be interesting to keep one half for the long term.
As for the second half, I would use it to participate in ICOs with high potential

There are many things you can do to earn money with ETH, you can invest it in ICO, and you can trade.
Today the decline and rise in ETH prices is very significant,

Judging by the message, you should already be in the plus if you kept the ETH until today. And the latest news, when the developers themselves are worried about falling even more should raise it.

Most people agree that Ethereum could be the greatest cryptocurrency as an asset and as a technology with promise.
If you went in before 2017 and held, then you can have great returns right now. But the question is what happens going forward. Assetwise for the upcoming future ETH can only go much further if it proves that it can handle some of its issues like scalability. I think with speculation the price can only rise a little from what is is now.
A double-edged sword for ETH right now is great ICOs and downright scams. Because most like Multiversum are in their early stages, we have to wait and see how they fare up.

I'm very happy for you! This once again proves that the main patience is in the riptovalut market. I'm interested in the fate of your coins. Will you store or sell them? Is it possible to buy more?

HODL or invest it in ICOs that pays out dividends with a use-case you believe in. The worst decision you can make right now is sell.